Daily Archives: August 5, 2014

Warehouse developer Goodman is building a 39,600-sqm built-to-suit scheme near Konin, in central-western Poland for retail chain Polomarket, according to unofficial information obtained by portalspozywczy.pl. This is the biggest lease of new warehouse space concluded in H1 of 2014. The construction ...

The current forecast made by EY predicts a 3.3 percent growth of the Polish economy in the current year. This is a half a percentage point higher than EY’s previous forecast earlier this year, as reported by IAR. According to EY, the rate of growth should remain rather steady. EY experts predi...

The Polish Financial Supervision Authority said on Tuesday that it has approved the establishment of a fund management company by state-owned lender Bank Gospodarstwa Krajowego (BGK). The company, named BGK TFI, will be used by BGK to manage a fund investing into apartments for rent, which was estab...

“The terminal will be ready by mid-2015,” Jacek Balcer, head of corporate communications at PBG told Bloomberg. PBG, which is a part of a group of companies led by Italian Saipem, won the tender back in 2010 to build the LNG terminal in Świnoujście. Since than it renegotiated the deal, bringing the ...

The volume of retail trade in Poland inched down by 0.5 percent year-on-year in June, according to a data release from the EU’s statistics office Eurostat. In month-on-month terms it grew by 1 percent. Throughout the EU retail trade rose by 2.5 percent y/y and by 0.3 percent m/m in June. In the euro...

Warsaw’s hotel prices are the second lowest among European capitals, after Sofia, with an average price for a standards double room of PLN 233, 8.3 percent less than in July of this year and 6 percent compared to August of 2013, according to hotel prices comparison website trivago.pl. In Bulgaria’s ...

Poland’s Ministry of Infrastructure is working on a plan to build a shipping route connecting the Vistula Lagoon and the Gdańsk Bay in the Baltic Sea, Puls Biznesu reports. The project is yet to be consulted before final approval

For Kraków, May 25, 2014 (the date of a referendum vote on the city’s olympic bid), was one of those days that has the power to change history and redefine some of the city’s most tenacious stereotypes. What must have looked like an insignificant ingredient to the city’s leadership, a group of oppon...

Developer Griffin Group has obtained a valid building permit for the redevelopment of retail/office scheme Hala Koszyki in Warsaw’s city center. Construction is scheduled to launch by the end of August and finish in 2016. The project’s total cost is estimated at €80 million. Apart from 6,000 sqm of ...

The Czech Republic leads the CEE region with €1.2 billion of finalized investment transactions, followed by Poland with a total volume of €813 million. According to international advisory firm JLL, the total real estate investment volumes in H1 2015 ...

Polskie Sieci Elektroenergetyczne (PSE) has signed a lease for around 6,300 sqm in the Delta building of the Eurocentrum Office Complex in Warsaw. The Capital Park Group, the owner of the building, was represented in the transaction by the global rea...

40 teams will compete in this year’s edition of the charity event organized by JLL. The raised money will be donated to a Foundation for Children, “Help on Time”. The Polish Volleyball Federation is an honorary patron of the tournament.

Professor Jeffrey Sachs, one of the most influential economists worldwide and the co-author of the Polish transformation, will be the guest speaker at this year’s European Forum for New Ideas. From 30 September to 2 October 2015, Sopot will hos...
What will Jeffrey Sachs say at EFNI 2015...

As many as three people were arrested by the Internal Security Agency (ABW) regarding collecting funds to finance terrorist activity, unofficially they were to support ISIS (The Islamic State of Iraq and the Levant), Gazeta.pl reported citing the Pol...

Poland is the largest and the most dynamically developing real estate market in Central and Eastern Europe. The greatest advantages of Poland as a location for investments in the commercial real estate sector include: a stable economy based on a stro...